FINANCIAL_SERVICESONGOING

City Purchases S&P Credit Rating for Bond Issue

As part of its 2025 project and fire truck bond issuance, the City of New London purchased a credit rating service from Standard and Poor’s. The engagement resulted in the city maintaining its A+ stable credit rating.

Status
ONGOING
Document date
June 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Standard & Poor’s
Agency
Town of New London · MN

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TerraCycle logo
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Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
Town of New London Minutes New London City Council Minutes 2026-06-17

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of New London?

Standard & Poor’s was awarded this financial services contract by Town of New London, as recorded on June 17, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Town of New London Minutes New London City Council Minutes 2026-06-17 (Minutes), dated June 17, 2026 from Town of New London. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Standard & Poor’s hold?

Standard & Poor’s may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of New London currently buying?

Explore Town of New London's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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